Darla drew a $100 check on Union Trust Bank payable "to the order of Pamela." Pamela cashed the check at Mountain Bank. Mountain Bank is an agent of Pamela until the drawee bank pays the check
Indicate whether the statement is true or false
True
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Data and other information presented in the report
A) should be positive. B) must be easy to find. C) should be relatively precise. D) must be factually correct. E) should include reader friendly decorative elements.
Answer the following statements true (T) or false (F)
1. Across professions, extroversion is a stronger predictor of job performance than agreeableness. 2. The personality trait of conscientiousness has the strongest positive correlation with job performance. 3. Often personality tests can be used effectively as the sole basis for hiring. 4. Integrity tests are effective because dishonest people are unable to fake conscientiousness, even on a paper-and-pencil test.
A sole proprietor has limited personal liability
Indicate whether the statement is true or false
Accounting principles require that inventory be reported at the market value (cost) of replacing inventory when market value is lower than cost.
Answer the following statement true (T) or false (F)